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. you've seen global responsibility but looking at narrower product lines. but in coming to the u.s., i can look at all the product lines in one geographic market. it's a different way of look k at the business. much more in the trenches than in the headquarters of the corporation. >> for samsung products s the u.s. and canada north america a growth market? >> it still is. traditionally we've thought about developed markets and developing markets. if you look at the last few years of our progress in the u.s. market, we've seen tremendous growth. some of that is coming from new categories like the rise of the digital television or the growth of the phone business. some of it is we pick up our market share in home appliances, an area where the samsung brand hasn't been as well known but bringing the same invasion we brought to television and phones, bringing the new design, now we can grab business in home appliances. >> what's the employment level in the us for samsung? >> we employ several thousands neem terms of sales and marketing and product design. we have a very large production ce
in the near term to the u.s. economy? >> the sequester is not just a cut back, but a very crude cut back, sort of just chop one finger off at every hand instead of letting somebody go. i think it was designed that way because the idea was this will force us to do something. but now they haven't. >> i'm starting to hear people in washington say, look, this is going to force some efficiencies in these agencies. they've had budgets that have been getting bigger and bigger for years, stimulus thrown into all different kind of safety net fund funds. maybe this is just tough medicine. >> it might force efficiencies into some agencies, though they really weren't planning for it, so they're having to do it pretty hectically. some agencies you don't want to cut. across the board cuts are a very crude way to run policy. do you want to cut your research and development, medical care, projects where you promised to pay and may end up losing a lot of money? the problem is it's so crude. they said, okay, this won't happen. we all know we won't do this. >> we all agree there is no way to run a country. >> ye
they can make in mexico and what they can do outside the u.s. >> reporter: anheuser-busch inbev offered to sell of it's interest inn importing arm nstlati bras anmake the company the sole importer of corona beer for ten years. but the justice department says that solution does not go far enough. darren gersh, "n.b.r.," washington. >> susie: on wall street today, stocks finished lower on mixed news about the economy, and worries about tomorrow's important jobs report. jobless claims rose by 38,000, more than expected. consumer spending rose slightly in december, as personal income climbed 2.6%, the highest increase in eight years, on this last trading day of january, the dow lost almost 50 points, the nasd was unchanged, and the s&p fell about four points. despite the sell off today, january was a strong month for stocks. the dow surged 6%, its best january since 1994. a 4% gain on the nasdaq, and the s&p jumped 5%. on wall street, they say a big january for stocks usually means a big year as well, it's called the "january barometer." if stocks follow history, they could be up by 20% or
a 500 pound settlement with u.s. and uk regulators later this week. rbs will cover the bonus pools after a warning from the government that taxpayers should not foot the bill. rbs is planning to float the 316 branches of santander it has so far failed to sell. according to the papers, an ipo would allow the bank to dispose of that unit cleanly. lots going on. we're pleased to be joined by michael brown. welcome. >> happy monday morning. >> i know you want to talk about the super bowl. >> well, that would be nice given i was up watching it. >> i'm impressed. i should have been up staying up all night. my sister lives in baltimore. >> there are plenty of bank stories to get to in the meantime. >> absolutely. >> we're going to hear from george osborne in just a couple on hours' time. what does this mean? >> the idea is, of course, that we should have capital in both parts. but the problem is, there isn't enough capital to go around and, therefore, you don't want to spook the financial markets by saying, by the way, yes, you do need to have this. how do we get to where we want to be, i.e. en
-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of the decision on the next boj chief. construction equipmentmakers were down after caterpillar reported slowing sales for the quarter ending january. but batterymaker gsyuasa reported a fix over long-term battery problems. the shanghai composite tumbled to 3% today. commodity place were under a lot of pressure today after the u.s. fomc minutes raised the possibility of a qe asset. development and ce
. >>> american spy secrets exposed? iran claims it has hacked into a captured u.s. drone. we have a live report. >>> and, john t is high drama on capitol hit. president obama's big pick for cia director up for con fir make in a few hours. but will members of his own party derail it? >> i don't know. >> lots of drama. good morning. welcome to "early start." i'm zoraida sambolinment. >> i'm john berman. it's thursday, february 7th. 5:00 a.m. in the east. let's get started. up first, brace yourselves, bundle up, buy a shovel. this will be a big one. at this moment a blaizzard watc is in effects for new england. a storm is headed that way and could be historihistoric. it could drop two feet of snow in some places and it all starts tomorrow. you told us this was coming yesterday, you were on top of this one. >> we're trying. boston could rival its worst blizzard from 2003 which had 27 1/2 inches. all of this talks about two storm systems coming together. the first one here, notice in the south, all instability, a tornado warming out there for plaquemines parish. this is moving off to the east. we wi
have from them, that video. >> reporter: the u.s. embassy of peru has told them the pair may have then boarded a boat. >> the embase embassy believes they got on the boat for an a . amazon cruise. >> reporter: the family has set up a war room where they're mapping out all they know. >> probably the biggest thing we have access to garrett's bank records and starting january 25th all of his banking ceased. no more withdrawals. there's nothing. there is absolutely no activity. >> reporter: what has the family especially worried, warnings that kidnappers may be targeting american tourists in the peru region. friends and family are pleading for help. >> i want my son to know that i love him, that we all love him. we want them to come home safe and sound. >> when your child is missing it's really, really tough. and we need your help. >> reporter: the family tells me they're getting daily updates from the embassy in peru. they are certainly hoping that those images will lead to the couple. meanwhile, the folks here at the peddler bike shop are asking for the safe return of jamie neal an
of the world, europe, still very slow, but china a bit of a rebound, and, maria, the u.s. doing okay. again, hewlett-packard better than anticipated. >> all right, david, thank you. stay right there. we're going to bring in david garrity and roger kay of end point technologies associates. good to see everybody. thanks for joining us. want to point out aig numbers are also out, and i want to tell our viewers that there is stock to buy in aig after the close tonight. just spoke with the market-maker there, so we're watching that story as well as this story. hewlett-packard though is the focus right now. david garrity, what's your take on the quarter? >> the earnings multiple for the company, single digits, a five handle. i mean, here's a company. it's great and wonderful that they are doing better in terms of businesses that are losing share in the overall computing market, and it's thighs to see that they are getting some positive margin surprises, but the fact of the matter is hewlett-packard was initially thought to be an innovator and what we see out of corner, fine, we can rearrange the
. american airlines and u.s. airways agreeing to a merger, they would become the world's biggest airline. >> in south africa, an olympic sprinter and double amputee has been arrested in the shooting death of a woman. good morning, washington. it's thursday, february 14. i am scott thuman. >> i am cynne simpson. let's get to meteorologist jacqui jeras on this valentine's day. >> happy valentine's day, everybody. we got an inch of snow or less across the area. just a trace at reagan national. i cannot even see anything on the grass. germantown had an inch as well as winchester. just shy of an inch in wgaithersburg. most of its stock to the grassy areas. temperatures hovering around the freezing mark. watch for slick spots on the roadways this morning especially if they are elevated. 35 degrees at reagan national. a beautiful day to look forward to. lots of sunshine with a high around 49 degrees. a big cooldown for the weekend. the seven-day forecast is minutes away. first, jamee? >> i needed to scrape my window. so little extra time is needed for that. watch for slick spots especially brid
treasury yields moving in the way that you expected them to? you got the u.s. dollar to play in here as well. >> yeah, well, we have seen treasury yields hovering at the 2%. it's an uncertain on which way they are going to go, you know, if you start to see the equities back off, october, -- of course yields gain in value and there could be panic in the market with people searching for the volatility index or a play like gold or silver. gold is hovering at 1600. there's questions about whether or not it gets a bounce back up or not. liz: weird that platinum and palladium move higher by more than a full percentage point and yet gold and silver moving down? >> it's a story out of south africa right now. there's supply and demand restatements from out of there. over the weekend, there's talk about gunfire, and thank god it was rubber bulleted used. about nine different mining workers there. there were injuries, and as a result of that, there's also that threat for labor disputes. prices should continue to rise on that disruption. >> let's watch that. again, as pointed out, rightly so, el
. and by contributions to your pbs station from viewers like you. thank you. >> brown: the nine justices of the u.s. supreme court pondered a central piece of civil rights legislation today. at issue: whether it's still needed, 48 years after it first became law. >> we are not there yet! >> brown: georgia congressman and civil rights leader john lewis was one of many who rallied outside the court this morning for the voting rights act. they were there on a day the justices heard a challenge to a key section of the law: it requires states with a history of discrimination-- mainly in the deep south-- to get federal approval, or pre- clearance, before changing voting procedures or districts. lewis argued the provision-- known as "section five"-- must be preserved. >> there are still forces in this country that want to take us back to another period, but we're not going back. we've come too far. we've made too much progress to go back. the literacy test may be gone; but people are using other means, other tactics and techniques. so we still need section 5 and that's why we are here today standing up fo
's ceremony unveiling a statue of civil rights pioneer rosa parks in the u.s. capitol. >> she lived a life of activism but also a life of dignity and grace. and in a single moment with the simplest of gestures she helped change america and change the world. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> support also comes from >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the nine justices of the u.s. supreme court pondered a central piece of civil rights legislation today. at issue: whether it's still needed, 48 years after it first became law. >> we are not there yet! >> brown: georgia congressman and civil rights leader john lewis was one of many who rallied outside the court this morning for the voting rights act. they were there on a day the justices heard a challenge to a key section of the law: it requires states with a hist
. 360,000 for the week. we're just kicking off right now. the u.s. government issues a new warning for anyone who tries to hack our computer system. this is a big deal. we'll talk about that in a moment. martha: you've heard about this looming automatic spending cuts coming down the pipeline. one week from today they're supposed to kick in. how tough is it really to cut 2 1/2% of the budget? could you pull that off? could you cut 2 1/2% from the hemmer budget? bill: i could, yeah, this afternoon. president obama is talking about his round of golf with tiger wood for the first time now. this is from 2009, this picture. of a the white house took heat for shutting out the white house press corps. did you hear tiger. >> he hit the ball well and got amazing touch. he can certainly chip-and-putt. if he ever spent, after these four years, if he spend more time playing the game of golf, i'm sure he can get to where he's a pretty good stick. new honey bunches of oats greek yogurt and whole grain. here we go. honey cornflakes and chunks of greek yogurt. i'm tasting both the yogurt and the ho
in the next few hours. >>> on the hot seat, the latest grilling over the attack on the u.s. consulate in libya. the response from the secretary of defense when he was accused of being unprepared. >> and things get heated during the head of the next head of the cia. the reason protesters disrupted it multiple times. >>> the green light capital filed a lawsuit against apple. green light owned apple stock since 2010 and wants the company to share more capital. they have been trying to get them to create a new class of preferred stock. apple began baying a divend last year. >>> the committee put another top government official on the hot seat over the deadly attacks on the u.s. consulate in libya. >> what is clear the united states is unprepared for what occurred in benghazi. >> i believe the department of defense and the armed forces did all we could do in the response to the attacks. >> u.s. defense secretary leon panetta insisted the government employed every asset to respond to the september 11 attack on the u.s. consulate in libya. cocoa krispies and three other -- cocoa krispies and -- chris
. the white house calling the homicide attack on the u.s. embassy in turkey a terror. two are dead. military sources telling fox news that all u.s. staff are safe at this time. in mexico city, people are dead after the explosion at a mexican owned state oil company. the cause of the explosion remains unknown. those are your headlines. who got bleeped, you or me? thank you to congress taking the can down the road, massive defense cuts were put off until march 1. with just one month ago, there is little sign of progress. general charles joining us now. welcome, sir. $500 million in defense department spending cuts. they are likely inevitable. your thoughts on the impact. >> first of all, there has already been $487 billion of cuts levied on the deal. the 500 billion that is pending would be devastating. one of the things that i like to remind people of is we are already in sequestration. the department has already started cutting their spending on many other programs. lori: the first tape showed a contraction. as you know, there are a lot of deficit hawks out there that are happy to see cuts a
. the u.s. government has been bringing this up with the chinese for a long time. it is low risk. it is low cost. it is high return and difficult to track. even getting a location on these servers, this is a little bit of guesswork involved there. there are real challenges there. the big question is, how do we respond? connell: if you had to give a great to the american public, how ready are we? >> there are so many elements. you have to peel back the onion. you have to talk about things like, you know, the electrical grid and things like that. i would say we are at a c level. guy forbid, it could come to conflict with the chinese could shut out the lights on us here. shut off the power. shut out though, you know, air traffic control system. connell: thank you. i also want to point out that the ceo of that company preparing the report will be on the next hour of "markets now" with dennis kneale and cheryl casone. dagen: already looking into some stock orders. what does the chief have to say about this? connell: washington's spending problem. entitlement programs like social secur
, working with our very own defense department, invented the internet in the first place. back then, the u.s. was in the catbird seat, poised to lead the world down this astonishing new superhighway of information and innovation. now many other countries offer their citizens faster and cheaper access than we do. the faster high-speed access comes through fiber optic lines that transmit data in bursts of laser light, but many of us are still hooked up to broadband connections that squeeze digital information through copper wire. we're stuck with this old-fashioned technology because, as susan crawford explains, our government has allowed a few giant conglomerates to rig the rules, raise prices, and stifle competition. just like standard oil in the first gilded age a century ago. in those days, it was muckrakers like ida tarbell and lincoln steffens rattling the cages and calling for fair play. today it's independent thinkers like susan crawford. the big telecom industry wishes she would go away, but she's got a lot of people on her side. in fact, if you go to the white house citizen's petitio
and as general allen told me, the world does not and december 2014. there will be a u.s. presence. military, maybe smaller. but there will be if anything a bigger and more important presence and that is the reconstruction. we will be there. the tweet is absolutely correct. we plan to be there beyond 2014. host: what about you, your office? we are temporary agency. we're set up to handle this agency. at some point we go out -- and existence and what is triggered, if the amount of money not spent falls below to leonard $50 million, there is no need for rest, congress said. we go out of existence. and when that happens, the normal function. that function -- is small enough that it will happen. host: when will that happen? guest: i do not know. it could be yours -- years. host: did you talk to general allen? -- i talked to him through a phone and e-mail. he was a great support for our team and we need the military not only for protection but also to identify problems. he identified certain problems. i got to give general allen and his team credit. nobody likes an inspector general. particularly
of these agenda items through. >> every bit of it. >>> a u.s. senator's travel habits are under fire right now and may land him in serious legal trouble. we have the document showing that senator bob menendez, did not, as requested, to report that he accepted free plane trips. >>> and the fall of a man who was once the most catholic leaders in the united states. it's chevy truck month! silverado was also recognized for the lowest cost of ownership. hey, what are you gonna do with it? end table. oh. [ male announcer ] it's chevy truck month. now get 0% financing for 60 months, plus trade up to get $1,750 total allowance on a silverado all-star edition. or trade up and choose customer cash plus option package discount for a total value of $7,250. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business p
on the stocks coming up. >>> cyber attacks by the chinese military. what they are after here in the u.s.? >>> a possible motive for the school shooting in newtown, connecticut, the shooting rampage, the gunman was trying to top. [ male announcer ] you think you know me. i'm just warm weather and beaches. but i'm so much more. i'm movie sets and studio tours. i'm family, museums, and world-class art. and that's the point. you'll see things here that you never expected. ♪ only be warned: there's so much to take in... it could leave your head spinning. los angeles. endlessly entertaining. plan your getaway at >>> we're getting some rain picking through. it's picking up. things are beginning to move in. this will give us very low snow levels. possibility of thunderstorms later today. >>> 7:14. new this mornings, al-jazeera is announcing a major -- morning, al-jazeera is announcing a major expansion to become a full-fledged cable u.s. network. we're learning that san francisco will be one of eight cities across the country where al-jazeera america will have bureaus.
to the u.s. department of health and human services that if they assume the responsibility for the individual exchange and that includes the web site portalforindividuals, including the tax credits. further, we would say that because utah is doing the business portion of the business , that there's no need to have a federal exchange doing the business. so we have a clear line of demark occasion. we are going to do the business and the federal government will do the individual side of this and see if we cannot, in fact, co-exist peacefully here and provide that to the marketplace. there are details yet to be worked out and putting this together and making sure that we are doing this in an appropriate way. but i was gratified and encouraged, when i met with secretary see bell yuss -- sebelius today, that they will look at it and see if there is something we can agree upon. the phrase she used was, i would like to find a way to get to yes. so i'm cautiously optimistic and have a ways to go and will be meeting with them in the next couple of weeks to bring closure to this issue
in the market for a while. people know about it, and the reality is that in the u.s. specifically we see economic activity improving in the future and improving more than expectations and a big driver of that is the housing market. housing drives consumption and housing prices are going from linear to parabolic which gives the consumer more power to purchase. >> rick santelli, jump in here for a minute because we're trying to figure out if in fact we are seeing this trade out of fixed income, into stocks, not necessarily happening today, but do you have any read in terms of if this is an actual trend happening? >> well, i think when i look at treasuries, i see we're only up 19 basis points on the year in 10s. i don't think it's an issue. i don't see this impending huge selloff in treasuries. listen to the dovishness in europe with regard to a variety of issues, not the least of which is they are worried about a high euro and growth in some of the southern countries. >> yeah. what did you -- >> i do see it playing out in high yield and corporates. quickly if you look at barclays, one-mont
, but don't worry, u.s. coal companies are getting in on the act too. >> jennifer: pollution readings in beijing, china were the worst on record last month. they advised the elderly, children and people with respiratory to just stay in doors. the air was so bad it was literally off of the charts. the air quality index maxes out at 500. in the chinese capitol, the reading hit a whopping 755. a major culprit behind the toxic smog was coal. china is the largest consumer of coal. and its appetite for coal isn't waning any time soon. it currently has 620 coal-fired power plants with another 363 coal fired power plants in the works. coal is of course among the dirtist of fossil fuels. here is a dirty little secret some of this coal comes from america, and if big coal has its way, there will be much more en route to asia. the u.s. coal industry is currently campaigning hard to ramp up the amount of coal that we export. they are hoping to bill five new ocean terminals in washington and oregon where u.s. coal would be shipped abroad to china and india. those terminals would
year in the u.s. come involving transportation crashes, 32,000 of those occur on the nation's highways are 95% of all of our transportation fatalities. so what do i see is the biggest risks we face in our nation's highways? first, impaired driving. the ntsb on this issue in our most wanted list of safety improvement. where the top 10 list of things that they can be changed. and impaired driving really had up that list. that is the number one killer of transportation. 10,000 people every year are killed and impaired driving accident. they made recommendations based on a study was completed and released in december and so we be happy to talk with you all about technology and i mentioned that later. another issue that's gotten attention is distraction. they are ubiquitous in transportation our life and i see many of them on the table here inside sure many of you will be using some electronic devices later after the embargo. when we talk about distractions in all modes of transportation. i'm pleased to be our investigations in a series that your interest is. >> we paid extra for this good
to make this country mad? canada has made it clear that it could retaliate against the u.s. do we need to be worried about this? >> that is a great question. they are part of nafta. most of americans do not realize that our number one trading partner is not china, it is canada. i just really do not understand the rationale of not building this. it was the first reason that president obama gave. now, i see no reason, other than kowtowing to the very radical environmentalists and not bringing this to america. dagen: thank you very much. steve moore from the "wall street journal." thanks again. >> thank you, dagen. dagen: let's take a look at the u.s. dollar. trading down versus other major currencies today. agreeing not to target the exchange rates of world currencies. concerns that competitive devaluation could spark a currency war. let's just say, g20 kind of poo-poo'd this. are we not the biggest culprit through the federal reserve of weakening the dollar? >> well, with the federal reserve, their quantitative easing program has been having side effects. i think it is important to reco
in the united states on this? >> there is no official reaction from the u.s. government. of course, the u.s. was expecting this ted stevens morning. was speaking to an official that said the test could come any time. obviously they have been bracing for it. right now a lot of frantic telephone calls going on. not only within the u.s. government but also in south korea. the new secretary of state, john kerry, spoke to the south korean foreign minister just moments ago about the latest nuclear test and now everybody is trying to get their diplomatic ducks in a row. everybody getting on the same page. there will be a security council meeting tomorrow morning, 11:00 eastern time. to discuss the next response and that is what the question is. what will the traffic there? will the chinese sign on to the tough resolution that the united states is looking for? will they set on to tough sanctions. it is unclear at this point what china will agree to and that is the best the u.s. can hope for in terms of getting anything out of the u.n. security council. then i also understand the united states is al
, measure what that means for us. what does that mean? >> i think the good news here is that the u.s. economy is actually growing at probably about a 2% rate. so if the full sequester goes in and stays in place for the full year between now and the end of the year, then it's essentially what mr. bernanke is saying growth will be 1.5% instead of 2%. i doubt very much that's the way it's going to pan out. eventually some kind of compromise will be worked out. but again the good news is that the u.s. consumers, u.s. businesses, are beginning to spend, are beginning to hire in the case of businesses, and that momentum seems to actually be picking up a little bit. so even in the worst case scenario we're not talking a recession. we're talking slower growth which isn't good... >> ifill: not good at a time when you're recovering. so when people look at this debate that's going on now, how do we look at it? do we look at it long-term, short term? do we look at the reality or the possibility? what is the greatest, most damaging part of this? >> well, i think the damaging part of it is, you kn
address january 24th of last year, just weeks after the last u.s. troops had left iraq for the last time. in the run-up to this year's state of the union address, just this weekend, the weekend before the first state of the union of president obama's second term, this is what happened in afghanistan. this is the change of command ceremony in afghanistan. general john allen handing over command of u.s. and international troops in afghanistan to a new commander, to general joseph dunford. this is the 14th time that command has transferred in the afghanistan war, because that war has been going on for that long. general john allen is out as commander. he is handing over the leadership. if all goes as planned, general dunford is going to be the last person to have this job. he will be the 15th of 15 u.s. commanding generals for this war in afghanistan. as such, a substantial portion of what he'll be responsible for as commander will be leaving, the huge logistical feat of getting us after fighting there for 12 years. is that going to be a focal point of tomorrow's state of the union address?
, technically i wear one. the u.s. postal service®, no business too small. martha: you are the seth mcfa martha: "happening now" starts right now. jon: brand-new stories and breaking news. jenna: four days ago in washington's fight to avoid steep budget cuts u. may feel it in a big way on your next trip to the airport. more on the olympic icon charged with premeditated murder. we have the latest on the "blade runner" charged with killing his girlfriend. a second serving of severe winter weather. it's all happening now. countdown to the sequester showdown. hi, everybody, i'm jenna lee. and i just floated this idea to our audience. you know the jaws music from the academy awards? every time we say sequester this week i'm wondering if it should come up. jon: a little audio cue. jenna: both because it's a little ridiculous and also because everyone is making it so dramatic. jon: i'm i'm jon scott. four days until the cuts kick in. democrats holding a news conference now with the air travel association on how sequestration will affect air travelers, but they are not the only ones. the white house sa
say they do not have the capability to make a bomb. >> well, zoraida, it will be days before the u.s. has a very good handle on the size of the explosion, the size of the payload, but at first glance what u.s. officials are very concerned about are north korea's claims that it testified a miniaturized nuclear weapon. why is that so concerning? that means they're closer to making a missile that they could launch toward the united states. these types of dplier tesnuclea moves them closer to mastering the idea. it was expected, officials tell me, that north korea warned the u.s. and china yesterday that a test was eminent. after the test president obama issued a statement. what he said was north korea's nuclear weapons and ballistic missile programs constitute a threat to u.s. national security and to international peace and security. we will strengthen close coordination with allies and partners and work with our six-party partners,united nations security council and other u.n. member states to pursue this. they will be meeting this morning in an emergency session. my source is telling
Search Results 0 to 49 of about 308 (some duplicates have been removed)